XML 79 R43.htm IDEA: XBRL DOCUMENT v3.19.3
Segment Information - Segment Revenues and Earnings (Detail) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 29, 2018
Jun. 30, 2018
Mar. 31, 2018
Mar. 31, 2017
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2019
Dec. 31, 2017
Segment Reporting Information [Line Items]                        
Revenues $ 236.3 $ 88.2 $ 65.3 $ 38.5 $ 32.2 $ 23.6 $ 22.6   $ 78.3 $ 83.5 $ 428.3 $ 114.3
Cost of Goods and Services Sold                 49.5 90.1 362.7 112.6
Selling, General and Administrative Expense                 19.4 51.2 28.9 75.3
Equity in earnings of unconsolidated ventures                 (4.8) (10.9) (0.5) (17.8)
Gain of sale of assets                 (27.8) (113.4) (3.0) (113.4)
Interest expense                 (3.7) (6.4) 0.0 (8.5)
Loss on extinguishment of debt                 0.0   0.0 0.6
Interest and other income                 (6.4) (2.4) (5.5) (3.6)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 16.0 8.4 16.4 4.9 29.6 10.4 4.7   44.7 62.5 45.7 52.1
Less: Net income attributable to noncontrolling interest 0.1 $ 0.0 $ (2.7) $ (0.6) $ (0.3) $ (0.9) $ (0.1)   (1.2) $ (0.1) (3.3) (2.0)
Income (loss) before taxes from continuing operations attributable to Forestar Group Inc.                 43.5     50.1
Total assets 1,455.7               893.1   1,455.7  
Investment in unconsolidated ventures $ 7.3               11.7   $ 7.3  
Operating Segments | Real Estate                        
Segment Reporting Information [Line Items]                        
Revenues                 78.3     112.7
Cost of Goods and Services Sold                 48.9     67.8
Selling, General and Administrative Expense                 7.1     15.9
Equity in earnings of unconsolidated ventures                 (4.8)     (16.4)
Gain of sale of assets                 (18.6)     (1.9)
Interest expense                 0.0     0.0
Loss on extinguishment of debt                       0.0
Interest and other income                 (1.8)     (2.0)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest                 47.5     49.3
Less: Net income attributable to noncontrolling interest                 (1.2)     (2.0)
Income (loss) before taxes from continuing operations attributable to Forestar Group Inc.                 46.3     47.3
Total assets                 522.1      
Investment in unconsolidated ventures                 11.7      
Operating Segments | Mineral [Member]                        
Segment Reporting Information [Line Items]                        
Revenues                       1.5
Cost of Goods and Services Sold                       38.3
Selling, General and Administrative Expense                       1.4
Equity in earnings of unconsolidated ventures                       (1.4)
Gain of sale of assets                       (82.4)
Interest expense                       0.0
Loss on extinguishment of debt                       0.0
Interest and other income                       0.0
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest                       45.6
Less: Net income attributable to noncontrolling interest                       0.0
Income (loss) before taxes from continuing operations attributable to Forestar Group Inc.                       45.6
Operating Segments | Other Segments [Member]                        
Segment Reporting Information [Line Items]                        
Revenues                 0.0     0.1
Cost of Goods and Services Sold                 0.6     6.5
Selling, General and Administrative Expense                 0.3     0.4
Equity in earnings of unconsolidated ventures                 0.0     0.0
Gain of sale of assets                 (9.2)     (0.4)
Interest expense                 0.0     0.0
Loss on extinguishment of debt                       0.0
Interest and other income                 0.0     0.0
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest                 8.3     (6.4)
Less: Net income attributable to noncontrolling interest                 0.0     0.0
Income (loss) before taxes from continuing operations attributable to Forestar Group Inc.                 8.3     (6.4)
Total assets                 1.9      
Investment in unconsolidated ventures                 0.0      
Items Not Allocated To Segments                        
Segment Reporting Information [Line Items]                        
Revenues                 0.0     0.0
Cost of Goods and Services Sold                 0.0     0.0
Selling, General and Administrative Expense                 12.0     57.6
Equity in earnings of unconsolidated ventures                 0.0     0.0
Gain of sale of assets                 0.0     (28.7)
Interest expense                 (3.7)     (8.5)
Loss on extinguishment of debt                 0.0     (0.6)
Interest and other income                 (4.6)     (1.6)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest                 (11.1)     (36.4)
Less: Net income attributable to noncontrolling interest                 0.0     0.0
Income (loss) before taxes from continuing operations attributable to Forestar Group Inc.                 (11.1)     (36.4)
Gain (Loss) on Sale of Properties                 0.0     $ 28.7
Total assets                 369.1      
Investment in unconsolidated ventures                 $ 0.0      
Disposal Group, Disposed of by Sale, Not Discontinued Operations | Oil and Gas Properties [Member]                        
Segment Reporting Information [Line Items]                        
Gain of sale of assets               $ (82.4)        
Purchase price of properties sold               85.7        
Disposal Group, Disposed of by Sale, Not Discontinued Operations | Oil and Gas Properties [Member] | Continuing Operations                        
Segment Reporting Information [Line Items]                        
Goodwill, Impairment Loss               $ 37.9